Fiscal Bloodbath Coming this Fall-David Stockman... | 2017-05-08 13:08 UTC

Sky high stock and bond prices have former Reagan Administration White House Budget Director David Stockman worried we are on our way to a big financial crash. [quoteI would target sometime between August and November because that’s when the rubber is going to meet the road on a debt ceiling increase when they are out of cash. Washington is going to end up in vicious political conflict over what to do about the debt ceiling. . . . It is going to be one giant fiscal bloodbath the likes of which we have never seen.”

By viper1 on 2017-05-08 13:08 UTC
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